With migrant workers consistently sending money home, the business of remittances tends to be more resilient than most during tough economic times. Even so, Zepz CFO Robert Mitchell told PYMNTS that doesn’t mean they can stand still or take their eye off competitors or price-conscious...
A new survey from PYMNTS shows that a majority of CFOs expect the economy will slide into recession in the near future, a prediction that not only complicates their financial and competitive realities down the road, but also affects their organizational planning and preparations today....
When chief financial officers (CFOs) need to make decisions about a company’s utilization of physical space in today’s world of remote work, one thing they need but often don’t have is real-time data. Should a property be kept or closed? Can an office be consolidated,...
When companies intend to grow even as the macroeconomic environment is taking a downturn, there is a lot of work to be done. ZenBusiness CFO Katie Royce has been putting in place systems and processes that will help the company keep growing and prepare for...
From a CFO’s standpoint, the past year has seen an unmistakable change in the metrics and key performance indicators (KPIs) that matter most to businesses and their investors. Bitpay CFO Jagruti Solanki, COVU CFO Subodh Karnad and Riskonnect CFO David Rockvam told PYMNTS that can...
The chief financial officers (CFOs) of a number of the largest companies in the U.S. have stepped down recently, a trend happening as America’s corporations face continued pressure from rising inflation. As The Wall Street Journal (WSJ) noted in a report Sunday (Oct. 23), autumn...
For finance chiefs who are helping prepare their organizations for whatever comes next, it’s good to set the bar high. The highest target in terms of processes, controls, systems and the ability to report quickly and forecast accurately is the “IPO-readiness bar,” so that’s a...
Coming off a pandemic that upended business as usual across the board, the latest set of macroeconomic challenges is forcing financial executives to think hard about the “new normal.” Perhaps nowhere is that more noticeable than at companies doing B2B sales, where margins are typically...
“If it ain’t broke, don’t fix it.” That’s about the attitude many companies had toward payment digitization before the pandemic’s overnight closure of businesses changed all that, instantly catalyzing finance chiefs to embrace the need to streamline their payment processes. As Jo Jagadish, executive vice...
